Property for Auction in Palladam Taluk, Coimbatore, Tamil Nadu
Auction ID:535378
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹70,20,000
EMD:₹7,02,000
Service Provider:BAANKNET
Submission Date:30-07-2025 03:00 PM
Bid Start Date:30-07-2025 11:00 AM
Land with an extent of Punjai Acre 8.77 in SF No.291, New SF No.291/2, Itchipatti Village, Palladam Taluk, Coimbatore. The auction includes the southern portion of 4.38 acres. The specific property is 0.52 acres or 0.21.05 hectares of land and any building constructed thereon, with associated rights and access routes.
State:Tamil Nadu
City:Coimbatore
Area:Palladam Taluk
Asset Category:Residential
This auction is for land located in Itchipatti Village, Palladam Taluk, Coimbatore Registration District, Sulur Sub Registration District. The property is in SF No.291, New SF No.291/2, with an extent of Punjai Acre 8.77. Specifically, the southern portion of 4.38 acres is up for auction. The property boundaries are: North of Ramasamy Gounder's property, South of Arumuga Gounder's property in SF No.291/1, East of property sold to Kuppusamy (54 cents), and West of property sold to Kuppusamy (51 cents). The specific portion auctioned is 0.52 acres (0.21.05 hectares) of land with any existing building and appurtenances. The property includes rights of ingress and egress through an East-West road on Venkatachalam's property and a pathway through lands belonging to Raya Gounder, Chinna Raya Gounder, Palani Gounder, and Arumuga Gounder. The property is situated in SF No.291/28 within Itchipatti Village. This is a SARFAESI auction conducted by Punjab National Bank with a reserve price of ₹70,20,000.00 and an EMD of ₹7,02,000.00.
Borrower Name:M/s Asian Textile Mills
Auction Type:SARFAESI Auction
Ph No: 0422-2231314, 0422-2231345,